Dollar Tree Inc

NASDAQ:DLTR   10:08:48 AM EDT
138.92
+1.88 (+1.37%)
Other Pre-Announcement

Dollar Tree Reports Q3 Profit Of 96 Cents Per Share

Published: 11/23/2021 15:06 GMT
Dollar Tree Inc (DLTR) - Dollar Tree, Inc. Reports Results for the Third Quarter Fiscal 2021.
Q3 Earnings per Share $0.96.
Q3 Sales Rose 3.9 Percent to $6.42 Billion.
Sees FY Earnings per Share $5.48 to $5.58.
Sees Q4 Earnings per Share $1.69 to $1.79.
Sees Q4 Sales $7.02 Billion to $7.18 Billion.
Sees FY Sales $26.25 Billion to $26.41 Billion.
Announces Addition of $1.25 Price Point for All Dollar Tree Stores Nationwide by End of Fiscal Q1 2022.
Qtrly Enterprise Same-store Sales Increased 1.6%.
Plans to Introduce New Price Point in More Than 2,000 Additional Legacy Dollar Tree Stores in December.
Qtrly Dollar Tree Same-store Sales Increased 0.6% on a Constant Currency Basis.
Qtrly Same-store Sales for Family Dollar Increased 2.7%.
Dollar Tree - Higher Freight Costs in Q4 Are Expected to Be Offset by Benefit of Performance of Dollar Tree Stores That Transition to $1.25 Price Point.
Freight and Supply Chain Disruptions Continue to Be Co's Biggest Challenge in Near Term.
Q3 Earnings per Share View $0.96, Revenue View $6.41 Billion -- Refinitiv Ibes Data (analyst estimates).
Believes Much of Freight Challenges Are Transitory.
Expect Dollar Tree Banner to Return to Its Historical Gross Margin Range of 35% to 36% in Fiscal 2022.
Q4 Earnings per Share View $1.75, Revenue View $7.03 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $5.61, Revenue View $25.55 Billion -- Refinitiv Ibes Data (analyst estimates).